​Jim Grant On Gold: A Constructively Inhibiting Institution – Tyler Durden

Jim Grant On Gold: A Constructively Inhibiting Institution Authored by James Grant via CoolidgeReview.com, I stand with anachronism. I like the low hum of cultured voices, great books, and the dead authors who wrote them. I believe in the fedora hat, which should be tipped in the open air and doffed in an elevator. I support the gold standard. Nothing against progress. The sextant sailed us around the world and the slide rule got us up to the moon, but neither beats your pocket-sized GPS-cum-high-speed-computer-cum-Encyclopedia-Britannica. I understand the imperative of creative destruction, but where has prudence gone? It was nowhere…  — Continue at ZeroHedge News : Read More